SEC Form 4 · accession 0001144204-15-067835

Monaker Group, Inc. · MKGI

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director · 10% Owner

Period of report

Nov 20, 2015

Accepted (ET)

Nov 24, 2015 · 5:18 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001372183

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Nov 20, 2015	J	532,046	—	A	732,046	I	See footnotes
Common Stock	holding	—	—		—	20	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Convertible Debt^F1,F2	—	Nov 20, 2015	J	532,046	D	—	—	Common Stock	532,046	0	I

F1On November 20, 2015, the Donald P. Monaco Insurance Trust (the "Trust") exchanged Monaker Group, Inc. (the Company") convertible promissory notes and accrued interest (the "Notes") in the amount of $565,731 for 226,292 shares of common stock of the Company (the "Common Stock") (calculated at approximately $2.50 per share of Common Stock for the Notes). The Notes were convertible at any time into shares of Common Stock or the Company's Series B Preferred Stock. The reporting person is the trustee of the Trust.
F2On November 20, 2015, Monaco Investment Partners II, LP exchanged Notes in the amount of $764,384 for 305,754 shares of Common Stock (calculated at approximately $2.50 per share of Common Stock for the Notes). The Notes were convertible at any time into shares of Common Stock or the Company's Series B Preferred Stock. The reporting person is the managing general partner of Monaco Investment Partners II, L.P. In addition to the 305,754 shares of Common Stock, Monaco Investment Partners II, L.P also directly owns an additional 200,000 shares of Common Stock.